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Preview: Weibo’s Earnings

Weibo (NASDAQ:WB) is set to give its latest quarterly earnings report on Thursday, 2022-09-01. Here's what investors need to know before the announcement. Analysts estimate that Weibo will report an earnings per share (EPS) of $0.43.

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Alibaba Drops 2%, Nio Leads EV Crash With 7.5% Plunge: Is Snap Fallout Behind Hang Seng Bloodbath?

Hong Kong’s benchmark Hang Seng Index opened in the red on Monday following a weaker close on Wall Street on Friday, which was dominated by a plunge in social media stocks. The Hang Seng fell 0.6% in opening trade ahead of the crucial U.S. Federal Reserve meeting later this week that could potentially see a 75 bps rate hike.

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